Insider Trading

Morning Docket

Morning Docket: 05.18.21

* Kodak and its CEO might be sued over insider trading that allegedly occurred just before the company announced a lucrative deal with the U.S. government. Maybe they figured regulators didn't know the company still existed... [Wall Street Journal] * Derek Chauvin's lawyer denied that he leaked information about a rejected plea deal to the press. [Insider] * A new lawsuit alleges that Montana is infringing on the rights of Native American voters. [New York Times] * Rudy Giuliani's legal team disputed the legitimacy of search warrants issued against the former Trump lawyer. [Wall Street Journal] * The Supreme Court rejected Uber's attempt to avoid a lawsuit over drivers' pay. Guess the company is going to have to take the off ramp... [Reuters]

By Jordan Rothman
Morning Docket

Morning Docket: 09.10.19

* Redaction comedy: filings in the Roger Stone case inadvertently gave out Trump's phone number. [National Law Review] * Law firm growth has slowed but we're going to pretend that's not a troubling sign. [American Lawyer] * California's going to war with the NCAA and they stand a better chance than this year's UCLA team. [KTLA] * Former Penn State GC faces discipline hearing before the Pennsylvania Supreme Court. [Law.com] * Insider trading trial begins with argument that banker didn't intend to go in on an insider trading scheme with his dad. [Law360] * FDA sends warning letter to Juul over its claims to be "safer than cigarettes" being potentially false as opposed to its claims to "not make you look like a douche" which are demonstrably false. [Corporate Counsel]

By Joe Patrice
Morning Docket

Morning Docket: 03.06.19

* Happy birthday, Your Honor! More than a thousand of Ruth Bader Ginsburg's fans signed up to plank on the steps of the Supreme Court for her 86th birthday on March 15. Do you love the RBG enough to plank for justice? [Washingtonian] * Allison Jones Rushing, a Williams & Connolly litigation partner, was confirmed to the Fourth Circuit in a vote of 53-43. Rushing is now one of the youngest federal appeals judges to be appointed by President Trump. [National Law Journal] * According to a new poll, more voters believe convicted felon and disbarred lawyer Michael Cohen than President Trump, and want Congress to "do more" to investigate Cohen's "claims about President Trump's unethical and illegal behavior." [CNBC] * According to the American Bar Association, there's not much that can be done for students at Western State University College of Law. This is not welcome news for people who have yet to receive their loan disbursements. [InsideHigherEd] * Remember Raj Rajaratnam, the former Galleon Group head who was convicted of securities fraud and conspiracy way back in 2011? Thanks to the Second Circuit, he still has to pay a $93 million civil fine for insider trading. [Big Law Business] * In case you missed it, Kanye West has filed suit against EMI because he's contractually barred from retiring, and his attorneys from Quinn Emanuel say the contract "violated California public policy." [THR, Esq. / Hollywood Reporter]

By Staci Zaretsky
Morning Docket

Morning Docket: 02.14.19

* Paul Manafort is the Energizer Bunny of lying and he'd now botched his own plea deal. [Huffington Post] * Apple attorney in charge of insider trading compliance charged with... insider trading. [Law360] * John Roberts declared himself the First Amendment's most passionate defender at the Supreme Court, which is absolutely true if you limit the First Amendment to political bribery and bigots with cake shops. [National Law Journal] * EU adopts new copyright law! It's... not good. [EFF] * The Harvard admissions case -- the Trojan horse action about gutting affirmative action programs -- is now in the hands of Judge Allison Burroughs for the perfunctory first act on the road to a 5-4 Supreme Court opinion. [Law.com] * Proskauer inches toward the $1B revenue mark. [American Lawyer] * A review of Biglaw cafeterias in the UK. If any firms out there want Above the Law to duplicate this story here in America, feel free to give us a call. [Legal Cheek]

By Joe Patrice
Morning Docket

Morning Docket: 11.06.18

* Apparently there's some kind of election today? In any event, law firms are taking on a huge role as volunteers. [American Lawyer] * Flush with nearly $250 million in fundraising, Northwestern Law says it's facing a "difficult time." Time to cut back on those platinum casebooks. [Law.com] * Pressure mounts in the UK to make all law firms -- not just those bigger than 250 employees -- publish gender pay gap data. Meanwhile, US law firms are still so iffy on whether or not to allow associates to give birth that parental leave is a huge deal. [LegalCheek] * Weinstein defense team wants all charges dropped alleging faulty indictment process. It feels like this is an argument half of Riker's could benefit from but won't. [CNN] * Calm before the storm? Supreme Court refuses to disturb ruling that the Second Amendment doesn't protect randos carrying concealed weapons. I feel a lot of these punts are designed to let the Kavanaugh fervor die down for a year before they revisit women's suffrage. [The Hill] * Another day, another insider trading conviction overturned. [Law360] * They're all good lawyers, Brent. [Corporate Counsel]

By Joe Patrice
Morning Docket

Morning Docket: 09.19.17

* Baker Botts files SCOTUS brief reminding them what wedding cakes look like. Someday we'll look back on a case designed to create second class citizens and think, "oh right, that's the one where the Supreme Court decided with the help of a picture book." [National Law Journal] * Pepe the Frog's creator is going nuclear with his intellectual property challenges against the Nazi scum who've turned his character into a mascot. [Engadget] * Trader seeks to withdraw guilty plea after government shows him evidence that he probably didn't commit a crime. The more you ponder that sentence, the more troubling it is. [Law 360] * There are more female equity partners than ever, which means still not very many. [Am Law Daily] * BuzzFeed hires Roy Black in the defamation case over the Trump dossier. Specifically, this case is about the allegations in the dossier that Aleksej Gubarev hacked the Democrats, but that's no fun, so let's remember the dossier also talked about Russian pee parties. [Law.com] * A review of the federal government's merits and amicus arguments this Term and it's an aggressive invitation to legislate from the bench. So much for railing against "activist judges"! [Empirical SCOTUS] * Harvard University is hoping Trump's NLRB changes labor law so they can crush unionization efforts on campus. Damn liberal, socialist colleges. [Labor Notes] * Here's one to make some of you feel very old: Toys R Us files for bankruptcy. [Huffington Post]

By Joe Patrice